Guarantee Schemes: An alternative to the Supervised Credit Program

Marife T. Magno and Richard L Meyer

No WP 1988-23, Working Papers from Philippine Institute for Development Studies

Abstract: Do guarantee programs lead to additionality in agricultural lending? Do guarantee programs contribute to small loans? Do guarantee programs encourage banks to use their own funds? Do guarantee programs reduce the cost of lending to banks and how cost effective are the guarantee programs? These are the issues that this paper addresses as it examines the effectiveness of the credit guarantee programs in increasing the amount of credit that goes to agriculture and indigenous industries.

Keywords: financial sector; financial reform; credit program; credit market; financial services (search for similar items in EconPapers)
Pages: 72
Date: 1988
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